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NYSE:CIB

Bancolombia (CIB) Stock Price, News & Analysis

$32.94
+0.15 (+0.46%)
(As of 07/26/2024 ET)
Today's Range
$32.79
$33.01
50-Day Range
$32.20
$37.31
52-Week Range
$24.15
$37.85
Volume
121,961 shs
Average Volume
274,080 shs
Market Capitalization
N/A
P/E Ratio
5.18
Dividend Yield
10.38%
Price Target
$33.32

Bancolombia MarketRank™ Stock Analysis

Analyst Rating
Reduce
1.83 Rating Score
Upside/​Downside
1.2% Upside
$33.32 Price Target
Short Interest
Bearish
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.34mentions of Bancolombia in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
1.83%
From $6.02 to $6.13 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

1.70 out of 5 stars

CIB stock logo

About Bancolombia Stock (NYSE:CIB)

Bancolombia S.A., together with its subsidiaries, provides banking products and services in Colombia and internationally. The company operates through nine segments: Banking Colombia, Banking Panama, Banking El Salvador, Banking Guatemala, Trust, Investment Banking, Brokerage, International Banking, and All Other. It offers checking and savings accounts, money market accounts, time deposits, fixed term deposits, and investment products; trade financing, loans funded by domestic development banks, working capital loans, credit cards, personal and vehicle loans, payroll loans, and overdrafts; factoring; and financial and operating leasing services. The company provides hedging instruments, including futures, forwards, options, and swaps; and brokerage, investment advisory, and private banking services comprising selling and distributing equities, futures, foreign currencies, fixed income securities, mutual funds, and structured products. In addition, it offers cash management services; foreign currency and trade finance solutions; letters of credit and bills collection; insurance and bancassurance products; telephone and mobile phone banking services; and online and computer banking services. Further, the company provides project and acquisition finance, loan syndication, corporate loans, debt and equity capital markets, principal investments, mergers and acquisition, hedging strategy advisories, restructurings, and structured financing; mutual and pension funds, private equity funds, payment and corporate trust, and custody; internet-based trading platform; inter-bank lending and repurchase agreements; managing escrow accounts, and investment and real estate funds; credit cards; roadside and medical assistance services; and transportation, maintenance and remodeling, and outsourcing services, as well as provides technology services. Bancolombia S.A. was founded in 1875 and is headquartered in Medellín, Colombia.

CIB Stock Price History

CIB Stock News Headlines

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Bancolombia earnings preview: what to expect
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Company Calendar

Last Earnings
5/09/2024
Ex-Dividend for 7/12 Dividend
6/27/2024
Dividend Payable
7/12/2024
Today
7/26/2024
Next Earnings (Estimated)
8/14/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
Commercial banks, not elsewhere classified
Sub-Industry
Banking
Employees
34,756
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$33.32
High Stock Price Target
$38.00
Low Stock Price Target
$28.60
Potential Upside/Downside
+1.1%
Consensus Rating
Reduce
Rating Score (0-4)
1.83
Research Coverage
6 Analysts

Profitability

Net Income
$1.22 billion
Pretax Margin
17.23%

Debt

Sales & Book Value

Annual Sales
$10.44 billion
Cash Flow
$7.51 per share
Book Value
$33.27 per share

Miscellaneous

Free Float
N/A
Optionable
Optionable
Beta
1.22
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Key Executives

  • Mr. Juan Carlos Mora Uribe (Age 59)
    President & CEO
  • Mr. Carlos Daniel Raad Baene (Age 43)
    Investor Relations Director & Manager
  • Ms. Claudia Echavarria Uribe (Age 45)
    Legal Vice President & General Secretary
  • Mr. Rodrigo Prieto Uribe (Age 51)
    Chief Risks Officer & VP of Risk
  • Mr. Andres Vasquez Echeverri
    President of Nequi
  • Laura Clavijo
    Chief Economist
  • Mr. Rafael Barraza Domínguez
    CEO & President of Banco Agrícola SA
  • Ms. Aimeé Tialia Sentmat de Grimaldo (Age 54)
    CEO & President of Banistmo
  • Mr. Federico Jose Bolanos Coloma
    President of Banco Agromercantil de Guatemala - BAM
  • Mr. Jose Mauricio Rodriguez Rios (Age 52)
    Vice President of Internal Audit

CIB Stock Analysis - Frequently Asked Questions

How have CIB shares performed this year?

Bancolombia's stock was trading at $30.77 at the beginning of the year. Since then, CIB shares have increased by 7.1% and is now trading at $32.94.
View the best growth stocks for 2024 here
.

How were Bancolombia's earnings last quarter?

Bancolombia S.A. (NYSE:CIB) posted its earnings results on Thursday, May, 9th. The bank reported $1.80 earnings per share for the quarter, beating the consensus estimate of $1.47 by $0.33. The bank had revenue of $2.81 billion for the quarter, compared to the consensus estimate of $1.81 billion. Bancolombia had a net margin of 13.64% and a trailing twelve-month return on equity of 17.33%.

Who are Bancolombia's major shareholders?

Bancolombia's top institutional investors include Allspring Global Investments Holdings LLC, M&G Plc, Boston Common Asset Management LLC and Summit Global Investments.

How do I buy shares of Bancolombia?

Shares of CIB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Bancolombia own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Bancolombia investors own include Ecopetrol (EC), Grupo Aval Acciones y Valores (AVAL), Pfizer (PFE), GSK (GSK), International Business Machines (IBM), AT&T (T) and Tyson Foods (TSN).

This page (NYSE:CIB) was last updated on 7/26/2024 by MarketBeat.com Staff

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